Given the recent NFTs hype, was wondering if we should get NFTs onto Bitcoin. Given that Bitcoin is the KING in the industry and the most secure network, shouldn't we be able to secure NFTs using Bitcoin's security?
Just written an
article arguing for the case that NFTs on Bitcoin should be relooked at, and certainly will bring the NFTs industry forward with Bitcoin onboard.
- Most secure network
- Most well-established network effects
- Capital Pool of ~USD 1trillion.
This will be a big disaster incase NFT was launched on Bitcoin blockchain. It will cost too much traffic that will result on bloating pending transaction. BTC can't handle the current transaction volume and adding some source of huge transaction will make Bitcoin really slow down. Just like what happened on Ethereum when Crypto kitty was newly launched.